Disallow or allow

Note that we are a Private Limited Company , if we will want to Deposited Cash 3,00,000.00  to BANK OF INDIA in three different days 100000.00 respectively , Then any CASH RESTRICTION for per day limit  rule as per Income Tax Disallowable in our transaction

 

Replies (3)
Quick Summary
This discussion clarifies the rules around cash deposits for Private Limited Companies in India. It confirms that depositing up to ₹3,00,000 into a Bank of India account over three days, in ₹1,00,000 instalments, does not violate Section 269ST of the Income Tax Act. The consensus is that there are no daily cash restrictions that would lead to disallowance for such transactions.

No Restrictions.

Also Check with your bank.

No such restrictions are there.
No restrictions .are there. Even you are not violating Sec 269ST

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